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Nov 27, 2012
11/12
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today was reid saying there's little progress. the next thing we have to be fearful of, which i fully anticipate, is they're going to be talking about a full breakdown of talks in washington between now and the end of the year. that's your buying opportunity. that's when you have to shut your eyes, plug your nose, and jump in. they're not going to let it go that far. we may run over the cliff. i'd expect a deal very quick in the new year with the retroactive feature. it's messy. it's not pretty. we're not looking for good common sense and clean policy from washington. but it will be in place in a month, two months from now. >> when the fall happens, you're saying that's the opportunity. >> i think it's consumer discretionary. you just picked it up a moment ago with corning's commentary about flat panel. the housing market is what's so key about this. we got the very good news from kay-shiler today. housing starts are booming. they're going to continue to run up significantly in the next few years. this isn't just a few months. we'
today was reid saying there's little progress. the next thing we have to be fearful of, which i fully anticipate, is they're going to be talking about a full breakdown of talks in washington between now and the end of the year. that's your buying opportunity. that's when you have to shut your eyes, plug your nose, and jump in. they're not going to let it go that far. we may run over the cliff. i'd expect a deal very quick in the new year with the retroactive feature. it's messy. it's not...
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Nov 29, 2012
11/12
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CNBC
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>> harry reid and i have been friends for 30 years. harry and i both share a vision and a love for the state of nevada. >> susan austin says even here the cliff will hurt. >> anything that happens in washington affects everybody in the united states. it's going to trickle down to me sooner or later. it's definitely going to hurt me in the end. >> now, the ranch owner says political leaders need to realize money is on the sidelines until confidence returns. as for susan austin, you can see her entire interview on the blog funnybusiness.cnbc.com. back to you. >> thanks so much. we'll be watching that. jane wells. >>> two more companies announcing special dividends tonight. here's a quick market flash. >> that's right. national beverage confirming its board has decided to distribute a special dividend of $2.55 a share. the record date will be december 7th. also, regal entertainment announcing $1 per share for its class "a" and "b" common stock. these two companies among many others declaring special dividends ahead of the end of the year
>> harry reid and i have been friends for 30 years. harry and i both share a vision and a love for the state of nevada. >> susan austin says even here the cliff will hurt. >> anything that happens in washington affects everybody in the united states. it's going to trickle down to me sooner or later. it's definitely going to hurt me in the end. >> now, the ranch owner says political leaders need to realize money is on the sidelines until confidence returns. as for susan...
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Nov 27, 2012
11/12
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FOXNEWSW
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i don't care what harry reid says. medicare and medicaid and social security have to be restructured, not fine tuned. obamacare has to be in play. >> eric: you don't want to see it on c-span? i do. >> andrea: you worked on the hill, i did. we worked in washington. the chances of it really happening on c-span would happen in the men's room and the hallways. call each other after the camera left the room. someone brought this idea to me and it's really crazy. what if republicans said i'm not going to vote on this. if you want higher tax increases, boehner brings it to the floor. they don't vote and this becomes the obama tax hike, the obama spending cut. on him. let him own it. they voted for him. let them own it. >> brian: house democrats going along with maybe john boehner caucus to pass it. that is how divided it could be. it could cost them the house. when it's said and done and we're sitting here on december 31, emergency session of five five -- i'll be here in case of injury -- there will be sitting there saying th
i don't care what harry reid says. medicare and medicaid and social security have to be restructured, not fine tuned. obamacare has to be in play. >> eric: you don't want to see it on c-span? i do. >> andrea: you worked on the hill, i did. we worked in washington. the chances of it really happening on c-span would happen in the men's room and the hallways. call each other after the camera left the room. someone brought this idea to me and it's really crazy. what if republicans said...
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Nov 25, 2012
11/12
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, that harry reid, is a chief of staff, makes a presentation on the deal if reid is trying to work out with the republicans. in the course of doing that, david corn says to the president of the united states, in the oval office is in his house, i am disappointed in this white house and you for not having a fallback plan. literally, again. somebody reading of the president in the oval office for not having a plan. after the meeting, harry reid said to his chief of staff, stood up to him, he needed to hear it. no one was telling him. think about it for a moment. what is the second most powerful democrat in washington have to use his chief of staff as a lever to send a message to the president of the united states? i was talking to somebody from amazon.com the other day. as you may know, they take books and they divide them as red states and blue states. most of the books selling in red states, republican state, blue state, democratic states, and i have said, where does this football? where is it to and he said well, it's purple. because it has information about both sides in all of us. i
, that harry reid, is a chief of staff, makes a presentation on the deal if reid is trying to work out with the republicans. in the course of doing that, david corn says to the president of the united states, in the oval office is in his house, i am disappointed in this white house and you for not having a fallback plan. literally, again. somebody reading of the president in the oval office for not having a plan. after the meeting, harry reid said to his chief of staff, stood up to him, he...
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Nov 29, 2012
11/12
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all this comes as treasury secretary tim geithner held separate meetings today with boehner, reid, nancy pelosi, and mitch mcconnell, and over at the white house spokesman jay carney said the debt ceiling should not be a pawn in any kind of fiscal gamesmanship. >> asking for a -- that a political price be paid in order for congress to do its job to ensure that the united states of america pays its bills and does not default for the first time in its history is deeply irresponsible. >> now, if you're sensing a distinct lack of holiday cheer down in washington these days, take heart. because joe biden is still our vice president and no fiscal cliff fights are going to stop him from a shopping blitz at washington's new costco super store. the veep came looking for pies and left with a television, books, fire logs, and a huge smile trailed by a horde of surprised shoppers. >> just walking through this store. get some guidance. >> you know, i have a feeling that the president may have missed his usual lunch partner at the midday meal today. joining us from washington is msnbc own historian th
all this comes as treasury secretary tim geithner held separate meetings today with boehner, reid, nancy pelosi, and mitch mcconnell, and over at the white house spokesman jay carney said the debt ceiling should not be a pawn in any kind of fiscal gamesmanship. >> asking for a -- that a political price be paid in order for congress to do its job to ensure that the united states of america pays its bills and does not default for the first time in its history is deeply irresponsible....
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Nov 27, 2012
11/12
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bill: harry reid, what do you think about that? >> well, only senator harry reid of nevada could pack that many lies into something quite that short. look, the taxpayer protection pledge as harry reid well knows is a commitment by senators and congressmen to their constituents, not to me personally, reid tells that lie over and over again, a commitment to their constituents that when they come to washington they will reform government and spend less money, rather than raise taxes. when harry read says that the commitment of those republican senators not to raise taxes is an impediment he means it's an impediment to raising taxes so obama and reid can keep spending money. reid has been supportive of every one of barack obama's wasteful spending programs e. wants to raise taxes to pay for it. you heard from van hollen earlier they are not interested in cutting any spending at all. they want to koeupbt as their contribution to budget he restraint, democrats. cuts already in law and 800 bill dollars that he claims he saved for not occu
bill: harry reid, what do you think about that? >> well, only senator harry reid of nevada could pack that many lies into something quite that short. look, the taxpayer protection pledge as harry reid well knows is a commitment by senators and congressmen to their constituents, not to me personally, reid tells that lie over and over again, a commitment to their constituents that when they come to washington they will reform government and spend less money, rather than raise taxes. when...
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Nov 28, 2012
11/12
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KNTV
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the dow after those comments from harry reid falling 89 points. and some changes in -- hopefully they can find their way there. apple has reportedly fired the executive in charge of developing the map software. rich williamson has left the come. he oversaw the app that was included in the new software and preinstalled on the new iphone 5. critics and consumers have complained the app is inferior. with apple preparing a new app for the iphone, seems apple wants to get its act together on its own map so it can retain that on the ios. >> no more pulling over for direction, got to rely on our phones. thank you. >> or melting -- >> or melting -- >> exactly, what did she say? >> christina is here to tell us the rain and wind is coming. >> right on time. good morning. we like it when it's right on time because we prepared you for it yesterday. right now, if you're getting really to head out that front door, you're going to get the best drive of the morning. it's going to get much worse before it gets better. want to start with a look at your wind. the fi
the dow after those comments from harry reid falling 89 points. and some changes in -- hopefully they can find their way there. apple has reportedly fired the executive in charge of developing the map software. rich williamson has left the come. he oversaw the app that was included in the new software and preinstalled on the new iphone 5. critics and consumers have complained the app is inferior. with apple preparing a new app for the iphone, seems apple wants to get its act together on its own...
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Nov 29, 2012
11/12
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we've seen kind of a wild day based on comments of boehner, schumer, reid. right now the dow jones industrial average is up just a blew eluga whisker under 50 poi. mostly green. back after this. [ male announcer ] at scottrade, we believe the more you know, the better you trade. so we have ongoing webinars and interactive learning, plus, in-branch seminars at over 500 locations, where our dedicated support teams help you know more so your money can do more. [ rodger ] at scottrade, seven dollar trades are just the start. our teams have the information you want when you need it. it's another reason more investors are saying... [ ] i'm with scottrade. well, having a ton of locations doesn't hurt. and a santa to boot! [ chuckles ] right, baby. oh, sir. that is a customer. oh...sorry about that. [ male announcer ] break from the holiday stress. fedex office. [ male announcer ] welcome to the world leader in. derivatives. welcome to superderivatives. >>> corporate executives are naturally barred from illegal insider trading, but is an sec rule designed to avoid t
we've seen kind of a wild day based on comments of boehner, schumer, reid. right now the dow jones industrial average is up just a blew eluga whisker under 50 poi. mostly green. back after this. [ male announcer ] at scottrade, we believe the more you know, the better you trade. so we have ongoing webinars and interactive learning, plus, in-branch seminars at over 500 locations, where our dedicated support teams help you know more so your money can do more. [ rodger ] at scottrade, seven dollar...
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Nov 27, 2012
11/12
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reid: mr. president? the presiding officer: the majority leader. mr. reid: i ask unanimous consent the call of the quorum be terminated. the presiding officer: without objection. mr. reid: i ask unanimous consent that the senate resume legislative session and the senate proceed to morning business and is allowed to speak up to ten minutes each. the presiding officer: without objection. mr. reid: i ask unanimous consent we proceed to s. 3642. the presiding officer: the clerk will report. the clerk: s. 3642, a bill to clarify the scope of the economic espionage act of 1996. the presiding officer: is there objection to proceeding to the measure? without objection. mr. reid: mr. president, i ask unanimous consent the bill be rethree times, passed, the motion to reconsider be laid on the table with no intervening action or debate, any statements be placed in the record as if read. the presiding officer: without objection. mr. reid: i ask unanimous consent we proceed to s. res. 602. the presiding off
reid: mr. president? the presiding officer: the majority leader. mr. reid: i ask unanimous consent the call of the quorum be terminated. the presiding officer: without objection. mr. reid: i ask unanimous consent that the senate resume legislative session and the senate proceed to morning business and is allowed to speak up to ten minutes each. the presiding officer: without objection. mr. reid: i ask unanimous consent we proceed to s. 3642. the presiding officer: the clerk will report. the...
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Nov 22, 2012
11/12
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KPIX
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chip reid on the resignation of congressman jesse jackson, jr. the target of an ethics investigation. scott pelley with the c.e.o. of goldman sachs warning of the dangers of the fiscal cliff. >> what you won't repair is people's attitudes towards the united states. >> glor: and dean reynolds on why there's a smaller bounty to share with the hungry this thanksgiving. captioning sponsored by cbs this is the "cbs evening news" with scott pelley. >> glor: good evening. scott's off tonight. i'm jeff glor. i eight days of bomb blasts and a celebration in gaza tonight after israel and hamas agreed to a cease-fire. a deal was announced in cairo by secretary of state hillary clinton and egypt's foreign minister. israel agreed to stop air strikes in gaza, where at least 161 palestinians have been killed since last wednesday. hamas promised to stop firing rockets which have killed five israelis. there were fears the deal might not happen after a bomb went off on a bus in tel aviv this morning. 27 people were hurt, no one has claimed responsibility. we have
chip reid on the resignation of congressman jesse jackson, jr. the target of an ethics investigation. scott pelley with the c.e.o. of goldman sachs warning of the dangers of the fiscal cliff. >> what you won't repair is people's attitudes towards the united states. >> glor: and dean reynolds on why there's a smaller bounty to share with the hungry this thanksgiving. captioning sponsored by cbs this is the "cbs evening news" with scott pelley. >> glor: good evening....
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Nov 28, 2012
11/12
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the white house applauding harry reid's efforts. but rewind that to when the democrats were the minority party. mr. reid was a vocal supporter calling it a last check against abuse of power. joining me to explain. president obama said at the time -- in 2005 we had a president bush in the white house. the republicans controlled the senate and the house. the only way of stopping certain legislation at the time was in some cases to filibuster. the legislation or in many cases president bush's judicial nominees. and there was discussion -- there was discussion among republicans about getting rid of the filibuster it was never meant for this purpose. let's blow it up. let many get rid of it. and at the time this is what then senator obama said. everyone in this chamber the senate knows if the majority chooses to end the filibuster, then the fighting, birthsmen and gridlock will only get worse. i know republicans are getting lot of pressure to do this. we need to rise above the ends justify the means to all the people, not just those wear
the white house applauding harry reid's efforts. but rewind that to when the democrats were the minority party. mr. reid was a vocal supporter calling it a last check against abuse of power. joining me to explain. president obama said at the time -- in 2005 we had a president bush in the white house. the republicans controlled the senate and the house. the only way of stopping certain legislation at the time was in some cases to filibuster. the legislation or in many cases president bush's...
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Nov 28, 2012
11/12
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reid said he was hopeful a deal could be reached, damage was done. senator mccobble said democrats should be more actively involved in the debates. he said the president was traveling around the country having complain like stops, he should come back to the capitol and make a deal. today representativeboehner saying he was optimistic a cliff deal could be rachd. the market rallied nicely on that after disappointing new home sales results. just in the last hour, we've rallied because the president has come out and said he would like to have a deal on the fis calf cliff by christmas. that's exactly what the markets want to hear. they want a timetable for when a deal can be reached and they want it before the end of the year. we move up to the highs of the day on that news. >> a deal by christmas with a bow on it perhaps, bob. >>> dozens of ceos as we mentioned earlier meeting with congressional leaders right now to discuss how to avoid the cliff. they're part of a group called fix the debt which is calling on our elected officials to step up to solve t
reid said he was hopeful a deal could be reached, damage was done. senator mccobble said democrats should be more actively involved in the debates. he said the president was traveling around the country having complain like stops, he should come back to the capitol and make a deal. today representativeboehner saying he was optimistic a cliff deal could be rachd. the market rallied nicely on that after disappointing new home sales results. just in the last hour, we've rallied because the...
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Nov 27, 2012
11/12
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harry reid, the democratic majority leader, wants to make some changes. debate has to start before a filibuster can begin. he might require any senator wishing to filibuster to stand up there and talk to which republicans are saying if you do that, we the minority are going to burn the place down. senator tom coburn of oklahoma saying, "i think the backlash will be severe. if you take away minority rights because that's what you're doing, you'll destroy this place. if you destroy the place, we'll do what we have to fight back." john cornyn says if democrats change the rules, it it will shut down the senate, it's such an abuse of power. you might ask how their e threats of a shutdown differ materially from the shutdown senate now when the minority will not allow a majority vote on anything giving them the power to control the senate. we called the two senators and asked specifically what they propose to do if they manage to tweak the filibuster. senator cornyn's office got back to us, but not with an answer. senator coburn did not respond, but he did give
harry reid, the democratic majority leader, wants to make some changes. debate has to start before a filibuster can begin. he might require any senator wishing to filibuster to stand up there and talk to which republicans are saying if you do that, we the minority are going to burn the place down. senator tom coburn of oklahoma saying, "i think the backlash will be severe. if you take away minority rights because that's what you're doing, you'll destroy this place. if you destroy the...
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Nov 24, 2012
11/12
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KPIX
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chip reid is there with that part of the story. chip? >> reporter: good evening. the only official reaction has come from the state department which says morsi's actions "raise concerns." in a written statement a department spokesperson says "one of the aspirations of the revolution was to ensure that power would not be overly concentrated in the hands of any one person or institution." but, of course, morsi's actions would concentrate enormous power in his hands. that puts the administration in a difficult position because president obama called morsi three times this week during the gaza cease-fire negotiations and secretary of state hillary clinton flew to meet with him. afterwards, administrations officials praised him as a peacekeeper, now the white house has to figure out how to respond with a so called peacekeeper who's stirring up so much protesting. >> mason: chip reid. thanks, chip. the cease-fire in gaza morsi brokerd is holding despite a deadly shooting at the border. israeli troops fired warning shots at 300 palestinians to force them to move away fro
chip reid is there with that part of the story. chip? >> reporter: good evening. the only official reaction has come from the state department which says morsi's actions "raise concerns." in a written statement a department spokesperson says "one of the aspirations of the revolution was to ensure that power would not be overly concentrated in the hands of any one person or institution." but, of course, morsi's actions would concentrate enormous power in his hands. that...
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Nov 28, 2012
11/12
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FBC
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yesterday, when we heard from harry reid, that made the market sell off. these comments are market moving events. dennis: thank you. as for oil, it has been in the red for much of the morning. phil flynn standing by at the cme. >> a great day and oil today. we are down because of the fiscal cliff worries. we actually got a smaller than expected build and oil. we have a negative and oil. that normally would have normally been very, very bullish. it was huge. almost 3.68 million barrels. what is happening here is we saw a drop of 1.5 billion barrels. they could not get into new york harbor. they are showing up on shore in a big way. back to you. dennis: thank you. cheryl. cheryl: this could cost tens of thousands of jobs. dennis: toyota takes it turned out the auto show. first, let's take a look at the world currencies and the u.s. dollar. ♪ this is america. we don't let frequent heartburn come betweeus and what we love. so if you're o of th people who gets heaeartburn and then treats day afr day... block the acid with prilosec otc and don't get heartburn
yesterday, when we heard from harry reid, that made the market sell off. these comments are market moving events. dennis: thank you. as for oil, it has been in the red for much of the morning. phil flynn standing by at the cme. >> a great day and oil today. we are down because of the fiscal cliff worries. we actually got a smaller than expected build and oil. we have a negative and oil. that normally would have normally been very, very bullish. it was huge. almost 3.68 million barrels....
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Nov 27, 2012
11/12
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CURRENT
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is this a perry blow with the harry reid? >> the democratics, if they change the rules, can do it with 51 votes, so he doesn't have to be onboard but look, they're not talking about stripping the minority of the right to filibuster. they're talking about instead of saying oh, i'm going to filibuster and everything comes to a stand still that you actually have a and up and filibuster, that people would have to take the floor and read the phone book. i don't see anything wrong with that. there are a couple of proposals out there nothing that significantly reduces the power of the filibuster, harry reid read has experienced 385 filibusters during his time at senate leader. lyndon johnson faced one filibuster. it is overused and abused, and so i think mcconnell better get over it. >> it seems like he's going to have to. it seems he's almost resigned to be in the minority for a very, very long time. that's the behavior and demeanor of someone who is going to be in the minority. we almost got through the fill buster without mention
is this a perry blow with the harry reid? >> the democratics, if they change the rules, can do it with 51 votes, so he doesn't have to be onboard but look, they're not talking about stripping the minority of the right to filibuster. they're talking about instead of saying oh, i'm going to filibuster and everything comes to a stand still that you actually have a and up and filibuster, that people would have to take the floor and read the phone book. i don't see anything wrong with that....
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Nov 28, 2012
11/12
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MSNBCW
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it's really the big question that senator reid has to do because i'll tell you, they're not going to get the republicans they need to make this rules change. >> you know, senator, back in 1957 when nixon was vice president, he tried to do this from the vice president's chair. he tried to declare the senate a new body, like the house is a new body every two years, a new congress. and he tried to do it. it was the democrats who backed up the segregationists, and they defeated him. he tried to do this single-handedly. what do you think are the odds of you winning this one? >> i think the odds are fairly good, and the reason why is that each time there's been a ruling in the past, it's been actually in favor of the constitutional option or as a constitutional issue it's been put to the body and the body has then -- for example, in 1975 voted that, indeed, 51 could change the rules. that set the stage for a negotiation. so there is the possibility that if 51 are in place and ready to act, that we will be able to persuade republicans, look, you have concerns. you want to be able to do amen
it's really the big question that senator reid has to do because i'll tell you, they're not going to get the republicans they need to make this rules change. >> you know, senator, back in 1957 when nixon was vice president, he tried to do this from the vice president's chair. he tried to declare the senate a new body, like the house is a new body every two years, a new congress. and he tried to do it. it was the democrats who backed up the segregationists, and they defeated him. he tried...
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Nov 27, 2012
11/12
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CSPAN2
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reid: mr. president? the presiding officer: the leader. mr. reid: mr. president, could we have order? the presiding officer: the clerk will report the treaty. now the leader. the clerk: 112-7, conventions on rights or persons with disabilities. mr. reid: mr. president? the presiding officer: the leader. mr. reid: senators kerry and lugar are managing this most important treaty. we're now in executive session. we're going to take a couple of hours to see who wants to offer amendments. senator lugar, senator kerry should be contacted or their staffs to indicate what, if any, amendments they wish to offer. so that being the case, we hope that by, let's say, 5:00, something can -- we'll have an idea of what the universal amendments, if any, would be. so i ask unanimous consent there be a period of debate only on the treaty until 5:00 p.m. today, with that time equally divided and controlled between the proponents and opponents, that that time actually would be controlled by senators kerry and lugar. the presiding officer: is there objection? mr. reid: and t
reid: mr. president? the presiding officer: the leader. mr. reid: mr. president, could we have order? the presiding officer: the clerk will report the treaty. now the leader. the clerk: 112-7, conventions on rights or persons with disabilities. mr. reid: mr. president? the presiding officer: the leader. mr. reid: senators kerry and lugar are managing this most important treaty. we're now in executive session. we're going to take a couple of hours to see who wants to offer amendments. senator...
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Nov 28, 2012
11/12
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reid: is there further debate on this? the presiding officer: is there further debate on the motion to proceed? if not, the question's on the motion. all in favor say aye. those opposed, no. the ayes appear to have it. the ayes do have it. the motion is agreed to. the clerk will report. the clerk: calendar number 419, s. 3254, a bill to authorize appropriations for fiscal year 2013 for military activities of the department of defense and so forth and for other purposes. mr. reid: madam president, on behalf of senator udall of colorado, i call amendment 2985. the presiding officer: the clerk will report the amendment. the clerk: the senator from nevada, mr. reid, for mr. udall of colorado and others, proposes an amendment numbered 2985. strike section 313. mr. reid: i would ask further reading of the amendment be waived. the presiding officer: without objection. the presiding officer: the senator from michigan. mr. levin: i have two unanimous consent requests for committees to meet today during today's session of the senate
reid: is there further debate on this? the presiding officer: is there further debate on the motion to proceed? if not, the question's on the motion. all in favor say aye. those opposed, no. the ayes appear to have it. the ayes do have it. the motion is agreed to. the clerk will report. the clerk: calendar number 419, s. 3254, a bill to authorize appropriations for fiscal year 2013 for military activities of the department of defense and so forth and for other purposes. mr. reid: madam...
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Nov 21, 2012
11/12
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joining me now is msnbc's joy reid. how are you? >> i'm doing well. >> so much as i think they will one day come to forgive chris christie, watch how his recent visit to "saturday night live" played with eric bowles. >> let's look at the republican acting like a democrat governor chris christie slobbering a wet kiss on president obama's cheek with days until the election. then this curious appearance on "saturday night live" while jersey still suffers from power outages and massive job losses. >> slobbering wet kiss. do you think i'm underestimating this? >> i think it will take longer to heal. your theory is sound as far as getting relelkted in new jersey. he did the right thing when it comes to remaining governor of new jersey. but i think that the idea that he can be forgiven enough by the base to run for president in 2016 presumes that republicans are going to basically do a punch the base strategy. because look, the part of the party that's about winning elections, the sort of wing that's the political wing, definitely is going
joining me now is msnbc's joy reid. how are you? >> i'm doing well. >> so much as i think they will one day come to forgive chris christie, watch how his recent visit to "saturday night live" played with eric bowles. >> let's look at the republican acting like a democrat governor chris christie slobbering a wet kiss on president obama's cheek with days until the election. then this curious appearance on "saturday night live" while jersey still suffers from...
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Nov 28, 2012
11/12
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the president met with congressional leaders from both parties, but harry reid says there has not been much progress since then. mike emmanuel is on capitol hill. republicans are asking for changes to social security and medicare. any common ground? >> shep, in public, it does not sound like it. top republican leaders say if you want to avoid the fiscal cliff, you need to address the drivers of our debt. >> we know that the only way we can solve our long-term debt and deficit problem is to fix the unsustainable growth rates of our very popular entitlement programs. the president has from time to time indicated an openness to that. now is the time to actually do it. >> 42 business groups sent a letter to leaders of congress asking them to do tax reform to lower tax rates and also address entitlement reforms. >> shepard: democrats say they want more revenue, more taxes here. what about entitlement changes? >> well, any time you start talking about tweaking these programs, there are groups in washington around the country that mobilize to try and stop cuts. the number two senate democrat,
the president met with congressional leaders from both parties, but harry reid says there has not been much progress since then. mike emmanuel is on capitol hill. republicans are asking for changes to social security and medicare. any common ground? >> shep, in public, it does not sound like it. top republican leaders say if you want to avoid the fiscal cliff, you need to address the drivers of our debt. >> we know that the only way we can solve our long-term debt and deficit...
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Nov 29, 2012
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that flies in the face of harry reid saying little progress is made. that is what is driving the u.s. markets and the global markets as well. the fed's beige book says there is a tepid growth. you have the housing market against that manufacturing and superstorm sandy. interesting stats expected out of the auto sectors. this could be good news. we think there may ab a pace of somewhere in the region of 15.2 million cars sold in november. the fact is that americans got very old fleet of cars. the average age of car now is 11 years old. it's 20% of the cars on the road are 16 years old. maybe renewing the cars is a big factor. great numbers for abercrombie and fitch, the shares are up 15%. this is a very well received set of numbers. >> you mentioned the abercrombie stuff. others are not doing well. i think i have figured out the differences between the two clothing companies. maybe it's the marketing campaign that is struggling. here's the classic abercrombie campaign. enough said. and here is aeropostale. buy your stock appropriately. thanks, steve. >>
that flies in the face of harry reid saying little progress is made. that is what is driving the u.s. markets and the global markets as well. the fed's beige book says there is a tepid growth. you have the housing market against that manufacturing and superstorm sandy. interesting stats expected out of the auto sectors. this could be good news. we think there may ab a pace of somewhere in the region of 15.2 million cars sold in november. the fact is that americans got very old fleet of cars....
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Nov 22, 2012
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harry reid has long defended the perogatives of the senate and of the filibuster even in the face of criticism from his own members, but virtually all of his members now want to do something and he has been infuriated by the way in which mitch mcconnell has carried out, but if you think about t it is a very odd time to do this. the house is under the control. >> you don't get that much. >> of the republicans, so it is not as if the filibuster is the only thing standing in the way of democratic program and as norm said, at the beginning of this new congress president obama has a better shot at working with the senate including 6, 8, 10, republicans in using that to put pressure on the house so is this the right time to blow up the senate? >> norm, real quick, do you think we need 67 or 51, whatever you want to do? what do you think is the number of senators? >> institutionally you could do it with 51. you made the key point. in 197 5z when they changed the rule they started to do it this way and stepped back and reached a bipartisan compromise. if you're going to jam something through
harry reid has long defended the perogatives of the senate and of the filibuster even in the face of criticism from his own members, but virtually all of his members now want to do something and he has been infuriated by the way in which mitch mcconnell has carried out, but if you think about t it is a very odd time to do this. the house is under the control. >> you don't get that much. >> of the republicans, so it is not as if the filibuster is the only thing standing in the way of...
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Nov 24, 2012
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corey the other way -- no, and reid is right behind and denver is up by 6. they outscored them in the second quarter. clay thompson all of his 16 points in the first half. warriors up 6 at the break. nuggets piling on andre iguodala he had a game high and he can dunk big. jeff curry a non-factor and in foul trouble. warriors in minnesota tonight. >> semifinals in anaheim, against pacific. the tigers upset xavier in the opener. driving and scoring two of his 18. tigers are too much. they shoot 53% from the field. he had 18 and gales first off the year, 76-66. >> stanford, winners. as for the football team the formula is simple, beat ucla at rose bowl in pac-12 champs. bruins coming off a huge win. they cinched eight week saturday. the irony should stanford beat ucla the two teams would play again in the pac-12 championship game this friday. >> that is down the road. this is one week of practice in one game. after that, great. we'll be prepared for that. >> i'm counting our teams maturity. all year long we've talked about last week's game doesn't help this wee
corey the other way -- no, and reid is right behind and denver is up by 6. they outscored them in the second quarter. clay thompson all of his 16 points in the first half. warriors up 6 at the break. nuggets piling on andre iguodala he had a game high and he can dunk big. jeff curry a non-factor and in foul trouble. warriors in minnesota tonight. >> semifinals in anaheim, against pacific. the tigers upset xavier in the opener. driving and scoring two of his 18. tigers are too much. they...
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Nov 27, 2012
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couple of proposals out there, nothing that significantly reduces the power of the filibuster but harry reid has experienced 385 filibusters during his time. it is over -- overused and abused, so i think mcconnell better get over it. >> yeah, it seems like he is going to have to. he seems like he is resigned to be in the minority for a very very long time. we almost got through without mentioning mr. smith goes to washington, but i just blew it sorry. eleanor smith thank you so much. joe williams you'll stay with us, and we'll have a little bit of fun. coming from, the sports metaphors >>i jump out of my skin at people when i'm upset. >> why do we need a straw poll? i'll take a logical look at the situation. we're just getting started on a monday night. stick around. get irresistibly clean and fresh carpets in your home with resolve deep clean powder. the moist powder removes three times more dirt than vacuuming alone while neutralizing odors for a clean you can see, smell and really enjoy. don't just vacuum clean. resolve clean. right by those who gave their lives to for this country nearly
couple of proposals out there, nothing that significantly reduces the power of the filibuster but harry reid has experienced 385 filibusters during his time. it is over -- overused and abused, so i think mcconnell better get over it. >> yeah, it seems like he is going to have to. he seems like he is resigned to be in the minority for a very very long time. we almost got through without mentioning mr. smith goes to washington, but i just blew it sorry. eleanor smith thank you so much. joe...
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Nov 28, 2012
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. >> reporter: late yesterday there was a statement issued by the senate majority leader harry reid who said the three republicans politicize sizing this issue and called their behavior outrage just, jenna. jenna: well have more as the story volz throughout the day. catherine, thank you. >> reporter: you're welcome. jon: another story gripping washington, the size of our national debt. one lawmaker says the real problem is the fiscal avalanche that looms if the government fails to deal with our massive national debt. it is now over $16 trillion and counting. utah republican senator mike lee wrote that the in an, wrote that in a recent opinion piece. he is a member of the joint economic committee. you're from utah. a lot of mountains there. i'm sure you know what an avalanche looks like and the problem with them is as you point out you don't know when they're going to come. >> that's right, jon. unlike the give which you can see coming the avalanche is there in the sense that the conditions are present but you don't know exactly when it is going to hit you. by the time it hits you it is
. >> reporter: late yesterday there was a statement issued by the senate majority leader harry reid who said the three republicans politicize sizing this issue and called their behavior outrage just, jenna. jenna: well have more as the story volz throughout the day. catherine, thank you. >> reporter: you're welcome. jon: another story gripping washington, the size of our national debt. one lawmaker says the real problem is the fiscal avalanche that looms if the government fails to...
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Nov 26, 2012
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this is something that i -- especially on social security, we have seen senate majority leader harry reid said let's not mess with social security, signals from the white house indicating they're not going to touchdown social security, maybe medicare, medicaid, but not social security and republicans will say, wait a minute, you're not serious. we're giving ground on revenue, you got to give ground on spending. and, brooke, i think the biggest thing here is that this bill, if they get a bill, is going to be so unpopular because it is going to raise taxes and it is going to cut benefits and getting the votes to pass this is going to be enormously difficult. >> you bring up the benefits issue. let me run through this, because it brings us back to the possibility of no deal whatsoever. again, on the automatic tax increases come january 1. we're talking about a lot of stuff here. the bush era tax cuts expire. as does the president's so-called payroll tax holiday on social security deductions, follow along with me, the so-called marriage penalty returns full force, you also have extended unemp
this is something that i -- especially on social security, we have seen senate majority leader harry reid said let's not mess with social security, signals from the white house indicating they're not going to touchdown social security, maybe medicare, medicaid, but not social security and republicans will say, wait a minute, you're not serious. we're giving ground on revenue, you got to give ground on spending. and, brooke, i think the biggest thing here is that this bill, if they get a bill,...
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Nov 30, 2012
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also house minority leader nancy pelosi and senate democratic leader harry reid. that starts at 8:00 p.m. eastern. tomorrow on "washington journal," a congressional historian gives the history of the filibuster rule and the changes senate leader reid is pursuing. then a guest from politico examines tax credits aimed at families and businesses that will be impacted if congress does not act on the so-called fiscal clef. beginning at 7:00 a.m. eastern on c-span. today in new york at the united nations, the general assembly voted 138-9 with 41 countries abstaining to recognize the state of palestine. it updates the palestinian status to a non member observer state at the united nations. after the vote, u.s. ambassador to the u.n. susan rice said the vote places further obstacles in the path of peace. here are comments -- are about five minutes. >> thank you, mr. president. for decades, the united states has worked to help achieve a comprehensive end to the long and tragic arab-israeli conflict. we have always been clear that only through direct negotiations between th
also house minority leader nancy pelosi and senate democratic leader harry reid. that starts at 8:00 p.m. eastern. tomorrow on "washington journal," a congressional historian gives the history of the filibuster rule and the changes senate leader reid is pursuing. then a guest from politico examines tax credits aimed at families and businesses that will be impacted if congress does not act on the so-called fiscal clef. beginning at 7:00 a.m. eastern on c-span. today in new york at the...
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Nov 28, 2012
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they have kind of signaled that in the most recent senate election where harry reid's guy lost and the anti-tax candidate won in nevada. so the tax issue is a powerful issue. i understand it comes with the territory, that people attack me personally. it doesn't bother me. i'm very comfortable in my own skin. if they want to waste their time personally attacking me, they're free to do so. but taxes are too high. spending is too high. this needs to be changed and i think the american people will make it clear as time unfolds that raising taxes is not where they want to go. >> grover norquist, thanks very much for joining us. >> thanks, wolf. >>> let's get another point of view right now. joining us, dick durbin, assistant majority leader, the senator from illinois. senator, thanks very much for coming in. we just heard from grover norquist, several republicans on capitol hill this week have said they would consider defying his pledge but for some of them, raising revenue just means getting rid of loopholes or capping some deductions, not raising tax rates or letting tax cuts expire. is t
they have kind of signaled that in the most recent senate election where harry reid's guy lost and the anti-tax candidate won in nevada. so the tax issue is a powerful issue. i understand it comes with the territory, that people attack me personally. it doesn't bother me. i'm very comfortable in my own skin. if they want to waste their time personally attacking me, they're free to do so. but taxes are too high. spending is too high. this needs to be changed and i think the american people will...
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Nov 29, 2012
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. >> but karen, the republicans seemed reluctant to talk about the luncheon but senator reid seemed to be pretty happy to talk about it. let me show what you he said. >> i think this is great. none of us here have any ill will towards mitt romney. we were involved in a campaign. it's over with. i'm very happy to see this picture. it's good for the american people. >> karen, it is good for the american people, especially since the election turned out the way it did. >> yeah. it is. although, i think most of us know that when you say we promise we'll keep in touch, that's when a guy says, i'll call you, you're not going to be sitting by the phone waiting for it to ring. but this is an important part of our democracy. there were obviously huge disagreements about the way forward but the fact that at the end of the day people can come together, break bread, i would have loved to have been in the room for that conversation, of course. but, yeah, i think it sends a positive message to the american people and to the rest of the world that this is a part of our process and now we move on. alth
. >> but karen, the republicans seemed reluctant to talk about the luncheon but senator reid seemed to be pretty happy to talk about it. let me show what you he said. >> i think this is great. none of us here have any ill will towards mitt romney. we were involved in a campaign. it's over with. i'm very happy to see this picture. it's good for the american people. >> karen, it is good for the american people, especially since the election turned out the way it did. >>...
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Nov 27, 2012
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and after his team's seventh straight loss, coach andy reid said after the game, he's not spoken to the eagles' ownership about the future with the team. and you know what, mika? he might as well not. i don't think he's going to be back in philadelphia next year. >> more news from the nfl, lions' defensive tackle ndamukong suh won't be suspended for kicking texans' quarterback matt schaub in the groin during the lions' loss to the texans on thanksgiving day. >> you can tell, he hits the ground, it's just a twitch. >> who does that? oops. following an official review of the incident, the league rules that suh's actions didn't warrant suspension, but they're still considering whether to fine him. schaub told a houston radio station yesterday that he would never want to be suh's teammate saying quote, you don't want a player like that. the stuff he hands for and the type of player he is, that's not houston texan worthy. suh has been fined four times and suspended two games. >>> a big showdown in the tri-state area. the new york knicks traveled across the east river to take on the nets in b
and after his team's seventh straight loss, coach andy reid said after the game, he's not spoken to the eagles' ownership about the future with the team. and you know what, mika? he might as well not. i don't think he's going to be back in philadelphia next year. >> more news from the nfl, lions' defensive tackle ndamukong suh won't be suspended for kicking texans' quarterback matt schaub in the groin during the lions' loss to the texans on thanksgiving day. >> you can tell, he hits...
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Nov 28, 2012
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a shift in focus towards entilements and spending cuts and away from taxes and no movement in harry reid's association, he says that democrats have cut enough. >> well, remember we've already done more than a billion dollars worth of cuts, we've already done that. so we need credit for that and those negotiations that take place, and however, here is a cave caveat, senator dick durbin is taking a hard line approach. quote, we can't be so naive to believe that just taxing the rich will solve our problems and put everything on the table, repeat. everything on the table. and that's the left of center dick durbin. yesterday, t was taxes, today, there's entitlements, tte impasse continues as we countdown to that deadline. next case, china, clearly the number one world's polluter and criticizes us for not doing enough about climate change, a global carbon tax could be coming, are we going to have to pay? we'll talk to a leading environmentalist after the break and of course, we will have the opening belfour you next. bell for you next. >> all right, just a few seconds away from the opening bell.
a shift in focus towards entilements and spending cuts and away from taxes and no movement in harry reid's association, he says that democrats have cut enough. >> well, remember we've already done more than a billion dollars worth of cuts, we've already done that. so we need credit for that and those negotiations that take place, and however, here is a cave caveat, senator dick durbin is taking a hard line approach. quote, we can't be so naive to believe that just taxing the rich will...
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Nov 29, 2012
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to limit the republicans ability to oppose certain legislation. >> harry reid is doing this because he claims republicans are abusing the filibuster. >> i have faced 386 filibusters. >> 386 filibusters during harry reid's six years as majority leader. and given how little congress works some of that has to be mitch mcconnell stopping by harry reid's dinners to block passage of mashed potatoes. >> some of california's famous beaches may be in danger because sand is in short supply. >> we'll show you big names who are fighting for their spot on the sand and why that battle could play out on the east coast. that's ahead on cbs "this morning." >> this portion of cbs "this morning" is sponsored by hershey's. life is delicious. smiles make more smiles. when the chocolate is hershey's. life is delicious. music is a universal language. but when i was in an accident... i was worried the health care system spoke a language all its own with unitedhealthcare, i got help that fit my life. information on my phone. connection to doctors who get where i'm from. and tools to estimate what my care ma
to limit the republicans ability to oppose certain legislation. >> harry reid is doing this because he claims republicans are abusing the filibuster. >> i have faced 386 filibusters. >> 386 filibusters during harry reid's six years as majority leader. and given how little congress works some of that has to be mitch mcconnell stopping by harry reid's dinners to block passage of mashed potatoes. >> some of california's famous beaches may be in danger because sand is in...
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Nov 28, 2012
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the markets fell on tuesday after senate leader harry reid who said congress has made little progress on a budget deal to avoid a year-end fiscal cliff. it was really the tone, saying it's time to end the happy talk. that overshadowed positive reports on home prices and consumer confidence. this morning, we'll get data on new home sales and a report from the fed on regional economic conditions. the dow fell 89 points. the nasdaq losing nearly 9. if you're flying over the holidays, it's going to cost you more. airfares expected to be about 5% higher than last year. if you leave on the saturday before christmas and return on the following saturday, the saturday discounts won't apply. your fare could be 27% higher. it's not deterring many people who are willing to pay higher prices. if up got somebody flying in, really appreciate them for that. meantime, orbitz says the saturday and sunday before christmas are likely to be very busy. the day after as well. they think you will pay less if you fly on christmas day. if you're working on wednesday after christmas, i suspect christmas day wil
the markets fell on tuesday after senate leader harry reid who said congress has made little progress on a budget deal to avoid a year-end fiscal cliff. it was really the tone, saying it's time to end the happy talk. that overshadowed positive reports on home prices and consumer confidence. this morning, we'll get data on new home sales and a report from the fed on regional economic conditions. the dow fell 89 points. the nasdaq losing nearly 9. if you're flying over the holidays, it's going to...
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. >>> senate majority leader harry reid says raising the debt limit has to be part of any package. john tester a members of the banking committee. newly re-elected. >> thanks, andrea. >> thanks very much for being with us. you're from one of the reddest of red states, you squeaked through. congratulations on that victory. what does it now bring you right into the middle of these negotiations and a tough vote. what are the people back home telling you? >> the people back home have been telling us some time we need to work together as americans, not as democrats or republicans. i think the folks back home are really sick of the hyper partisanship in washington, d.c., which has resulted in really a lot of dysfunction and so especially when it comes to the issue of debt and deficit it's going to take folks working together as americans, put the parties aside, do what's right for the country and move on. >> you're willing to vote for higher taxes some changes in medicare, including eligibility age, tougher means testing. some kind of reduction in benefits for future beneficiaries not th
. >>> senate majority leader harry reid says raising the debt limit has to be part of any package. john tester a members of the banking committee. newly re-elected. >> thanks, andrea. >> thanks very much for being with us. you're from one of the reddest of red states, you squeaked through. congratulations on that victory. what does it now bring you right into the middle of these negotiations and a tough vote. what are the people back home telling you? >> the people...
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Nov 24, 2012
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for cbs "this morning saturday" chip reid, washington. >> and it's about 21 after the hour. here's martina brown from cbs atlanta with our first check of the weather this morning. >> let's talk about the weather. big changes on the way. really all across the nation. let's start with the northeast where they have an area of low pressure that will start to bring them and is already bringing them lake-effect snow down to the southeast. an area of high pressure around. there's sunshine but eventually they will cool down and already are starting to see that as well. off to the northwest we're talking about an area of low pressure there as well. so get ready for the big chill. it is already starting to happen. our 50s and 60s will turn into 30s and 40s. look for gusty northwest winds and lake-effect snow and all because of a front that's moving across the entire country and everybody is going to be a lot colder than they already are. that is a look at your national forecast. now here's a closer look at the weather for your weekend. >>> back to you. >> and coming up the fighting ir
for cbs "this morning saturday" chip reid, washington. >> and it's about 21 after the hour. here's martina brown from cbs atlanta with our first check of the weather this morning. >> let's talk about the weather. big changes on the way. really all across the nation. let's start with the northeast where they have an area of low pressure that will start to bring them and is already bringing them lake-effect snow down to the southeast. an area of high pressure around. there's...
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>> senator reid said we won't have one. everyone has to get used to that. warren buffett talking about going over. probably going to happen in january. i feel like we're going to go over. you can meet with all of the ceos you want to. doesn't really matter. 200,000 people in a room. doesn't really matter. norquist saying don't have a deal. have to raise taxes. democrats don't seem to favor lowered defense budget and favor higher taxes for the rich and so we're done. i think we're done. >> after durbin speoke yesterda, if you're going to get a blueprint, he doesn't want entitlements be part of it for next year. >> it's the 1,000-point solution. maybe that will change their mind. durbin said no. norquist is saying no tax increase. what else is there? am i missing something? what am i missing? blankfe >> stallen made a lot of sense. mass murderer about you doesn't mean he didn't make sense. >> blankfein, kent, mayer, roberts of comcast. is there anything these guys can say to change their tune? to get people -- >> we're just past thanksgiving. let's give it a
>> senator reid said we won't have one. everyone has to get used to that. warren buffett talking about going over. probably going to happen in january. i feel like we're going to go over. you can meet with all of the ceos you want to. doesn't really matter. 200,000 people in a room. doesn't really matter. norquist saying don't have a deal. have to raise taxes. democrats don't seem to favor lowered defense budget and favor higher taxes for the rich and so we're done. i think we're done....
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Nov 29, 2012
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we had harry reid and boehner gave us a boost yesterday. today we sold off and moved back and forth. we've been over the unchanged line several times today. now we're up 51 points. as we're saying we're so closely tethered to the headlines coming out of washington. when we hear about positive and optimism pertaining to the fiscal cliff we'll start to move higher and sell off. as far as what we're seeing on the dow jones industrials, naems like drug stocks and banks stocks. vix index, fear index, is pull off. transports are doing well. we've gotten in some same-store sales. names like koeledz, macy's, gap and target. coles as an example they're citing hurricane sandy for weak november same-store sales. look at kohl's. that is the worst of the bunch. it is down about 10% now. while they, some of them are feeling little optimistic about the black friday and the thanksgiving shopping weekend, they can't deny the fact they did lose money on the eastern seaboard pertaining to hurricane sandy. so we'll start to hear from a lot of retailers. not on
we had harry reid and boehner gave us a boost yesterday. today we sold off and moved back and forth. we've been over the unchanged line several times today. now we're up 51 points. as we're saying we're so closely tethered to the headlines coming out of washington. when we hear about positive and optimism pertaining to the fiscal cliff we'll start to move higher and sell off. as far as what we're seeing on the dow jones industrials, naems like drug stocks and banks stocks. vix index, fear...
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you look at yesterday, harry reid opens his mouth, no deal done and market falls 80, today boehner comes out saying that tax revenue is on the table and here we are up 100 points. i'll be buying good quality growth companies that any fallback from the fiscal cliff and i'm going to be buying. >> your 30 seconds starts now. >> yeah, well, today the s&p 500 tested the 200-day moving average. as we close out the month of november. we've seen relative strength in small cap stocks over large cap stocks. we're looking for that relationship to hold up, as well. and tomorrow we'll be looking at the growth number, which of course, consensus will expect an increase. we don't think it'll be a game changer because of the head winds such as the fiscal cliff, but we think it'll contribute to optimism about the economy. >> you're in a
you look at yesterday, harry reid opens his mouth, no deal done and market falls 80, today boehner comes out saying that tax revenue is on the table and here we are up 100 points. i'll be buying good quality growth companies that any fallback from the fiscal cliff and i'm going to be buying. >> your 30 seconds starts now. >> yeah, well, today the s&p 500 tested the 200-day moving average. as we close out the month of november. we've seen relative strength in small cap stocks...
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year for the eagles and their head coach andy reid. a lot of folks are calling for his head. this team lost six in a row, the most since before he took over. but while a lot of people want him fired right now, i think you have to look at the body of work, carol, for him. six division titles, he won an nfc championship game, winningest coach ever in philadelphia. and i think a little respect, too, for reid as a person who lost his son earlier in the season. you could make a change with this eagles' team, a lot of injuries, including michael vick. but a lot of people also believe that an interim coach in the middle of a year doesn't always translate into immediately turning things around. so i believe, like a lot of people, that reid will be gone, but it won't happen probably until the end of the year. >> vince chelani from bleacher report, thank you so much. >> don't forget, go to bleacherreport.com. carol, good to see you. >> i'm going there now. soon. >>> next hour of cnn "newsroom" starts right now. >>> stories we're watching right n
year for the eagles and their head coach andy reid. a lot of folks are calling for his head. this team lost six in a row, the most since before he took over. but while a lot of people want him fired right now, i think you have to look at the body of work, carol, for him. six division titles, he won an nfc championship game, winningest coach ever in philadelphia. and i think a little respect, too, for reid as a person who lost his son earlier in the season. you could make a change with this...
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Nov 27, 2012
11/12
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joy reid is managing editor of thegrio.com. she's at least as smart as i am, which is not an accolade, it's a fact, and she's much younger. okay. we found out this weekend, and you know this better than i, i enjoy your report on this, the obama campaign wasn't some kumbaya number. it was an incredibly organized machine. it was real, it was people meeting people, getting points for how many contacts you made with voters. they knew a certain number of contacts led to a probability of people voting. incredibly hands-on, real people with other people. can you turn that machine into something that can get the right kind of deal? >> i think the president spent a year and a half developing a gigantic infrastructure that and he did that -- >> human. >> through these kinds of direct contacts, but he also had an argument in the campaign that brought those people out. and central to that argument was that we need an economy that works for everyone, that people need to pay their fair share. >> so the key element of that, joy, is that there
joy reid is managing editor of thegrio.com. she's at least as smart as i am, which is not an accolade, it's a fact, and she's much younger. okay. we found out this weekend, and you know this better than i, i enjoy your report on this, the obama campaign wasn't some kumbaya number. it was an incredibly organized machine. it was real, it was people meeting people, getting points for how many contacts you made with voters. they knew a certain number of contacts led to a probability of people...
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Nov 25, 2012
11/12
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we also heard from senate majority leader harry reid that the work on this would continue over the break and that they hope to meet the president this week when they return. right now that meeting is not yet on the schedule, but that can certainly change, randi. >> has there been any concrete movement as far as we can tell that they are edging maybe just a little bit closer to a deal? >> well, that's really the question here. i mean, as i said, the work has continued among staffers discussing this. we know what the big hold-ups are, the big sticking points, and that's how to raise more tax revenue. we know republicans can put revenue on the table, but they don't want to see tax rates go up for anyone. we also know that the president ran on this idea of raising taxes on the wealthiest among us. the other issue is entitlements. republicans want to see democrats reform programs like medicare, so those are the sticking points. now, if there's been progress that hasn't been made public yet, and i can tell you that right after the election the president spoke with house speaker john boehner, a
we also heard from senate majority leader harry reid that the work on this would continue over the break and that they hope to meet the president this week when they return. right now that meeting is not yet on the schedule, but that can certainly change, randi. >> has there been any concrete movement as far as we can tell that they are edging maybe just a little bit closer to a deal? >> well, that's really the question here. i mean, as i said, the work has continued among staffers...
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Nov 29, 2012
11/12
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>> harry reid doesn't get it. the pledge isn't to me but the american people. if you are a congressmen or senator, you can say 20 different changes in the tax code in spending, look at this, this isn't a tax increase but a good piece of legislation, you should be happy and people look back and say yeah. it's not only a test the day you pass it and obama explains what's in the bill, bush explained what was in the 1990 tax increase, only spending-cut bill and made it sound pretty good. but when the iraq war wound down, people said massive permanent tax increase and phony spending cuts. spending went up and not down and your tax increases hurt the economy. the economy is bad. so it's got to pass the lap test not just the moment it happens but between now and the next several sessions. >> so i hear in what you're saying considerable wiggle room. i hear you saying that republicans should not negotiate with themselves, should push for the best deal that they can get, but you aren't here as a dead ender, you're not saying that people should go off the cliff just becau
>> harry reid doesn't get it. the pledge isn't to me but the american people. if you are a congressmen or senator, you can say 20 different changes in the tax code in spending, look at this, this isn't a tax increase but a good piece of legislation, you should be happy and people look back and say yeah. it's not only a test the day you pass it and obama explains what's in the bill, bush explained what was in the 1990 tax increase, only spending-cut bill and made it sound pretty good. but...
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Nov 22, 2012
11/12
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senate majority leader harry reid said social security should be completely off the table. let's watch the senate leader. >> i've told anyone that will listen, including everyone in the white house, including the president, that i am not going to be part of having social security as part of these talks. >> okay. the president is feeling the pressure to stick to his guns but how much room does he have to reach a compromise before the end of the year? and will the left support one if he does? most importantly, what is the risk to the country of not reaching a deal in the near future? jared bernstein, senior fellow at the senior of budget and policy priorities and an msnbc contributor, vice president of biden's chief economic adviser and joan walsh, editor-at-large of salon. i was trying to get the facts and understand it. the congressional budget office, nonpartisan says if we go off the cliff january 1st which means we let those taxes terminate, the tax rates to go back up again for everybody back up there where they were before this past president was here f we let those cu
senate majority leader harry reid said social security should be completely off the table. let's watch the senate leader. >> i've told anyone that will listen, including everyone in the white house, including the president, that i am not going to be part of having social security as part of these talks. >> okay. the president is feeling the pressure to stick to his guns but how much room does he have to reach a compromise before the end of the year? and will the left support one if...
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Nov 27, 2012
11/12
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harry reid said he's frustrated a deal isn't close, the market fell. the implications here are serious. senator warner comes outfront to talk about what he's will go to do on tax rates and has an interesting idea on that. and we're going to talk about the definition of motherhood. a woman and her best friend decided to have a child together, his sperm and a donor egg. and after she gave birth to the child he said i'm gay, i'm the biological father, i want the child. what happened? a judge has just ruled on this. a pretty fascinating definition of what a mother really is. that story also at the top of the hour. back to you. >> look forward to the show, erin, thank you. >>> up next here, christmas carols with a touch tone twist. on the new way to sing holiday favorites. ♪ list of almost two thousand corporate partners - companies like microsoft, american red cross and adobe - to create options for you. not only that, we're using what we learn from these partners to shape our curriculum. so that when you find the job you want you'll be a perfect fit. le
harry reid said he's frustrated a deal isn't close, the market fell. the implications here are serious. senator warner comes outfront to talk about what he's will go to do on tax rates and has an interesting idea on that. and we're going to talk about the definition of motherhood. a woman and her best friend decided to have a child together, his sperm and a donor egg. and after she gave birth to the child he said i'm gay, i'm the biological father, i want the child. what happened? a judge has...
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Nov 29, 2012
11/12
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they're meeting with nancy pelosi and john boehner, mitch mcconnell and harry reid to really sort of sit down and present that plan. >>> let's talk about the president's plan and what it calls for. republicans receptive to it? >> reporter: well, they're receptive to the idea of it. we haven't seen details. what republicans are saying is we welcome you here, we want to talk, but we need to see details. facts, specifics, numbers. if we're going to put on the table something we don't want to do, which is make wealthy americans pay more, then we need to see what you're willing to cut from the budget and that's where things stand right now. hopefully within a few hours we'll get some readout of whether or not they liked what they heard. >> so do you think we even know if there's hope for a deal? >> reporter: there's hope for a deal. i think everyone here really sort of agrees on that. different levels of optimism based on who you talk to about them getting it done by the end of the year, but there's definitely hope. we've seen both sides, as i often say, inch toward the middle with republ
they're meeting with nancy pelosi and john boehner, mitch mcconnell and harry reid to really sort of sit down and present that plan. >>> let's talk about the president's plan and what it calls for. republicans receptive to it? >> reporter: well, they're receptive to the idea of it. we haven't seen details. what republicans are saying is we welcome you here, we want to talk, but we need to see details. facts, specifics, numbers. if we're going to put on the table something we...
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Nov 22, 2012
11/12
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you have harry reid saying he is not open to reforming specifically social security. there may be some wiggle room on some of the other entitlements, but things are off to a rocky start with house speaker john boehner writing an editorial saying he thinks the president's health care plan should be on the table. that is certainly something that both sides will go to the mat over, but i think there's a lot of pressure to get a deal done by the first of the year for the reason that you just cited. because if they don't, this will have a big impact according to a lot of economists on the economy and they just don't want to see that happen and bear the brunt of that. >> understandably so. quickly, the president's plans for today are what? is he there in the house behind you or elsewhere? >> reporter: he is in the house behind me. quiet day at the white house with his traditional thanksgiving dinner with the first family. i'm sure there will be all the fixings on the table, turkey, ham, a lot of different types of pies. yesterday president obama bardened a thanksgiving turk
you have harry reid saying he is not open to reforming specifically social security. there may be some wiggle room on some of the other entitlements, but things are off to a rocky start with house speaker john boehner writing an editorial saying he thinks the president's health care plan should be on the table. that is certainly something that both sides will go to the mat over, but i think there's a lot of pressure to get a deal done by the first of the year for the reason that you just cited....
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Nov 29, 2012
11/12
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legislative chair coming here to capitol hill to work with pelosi, john boehner, mitch mcconnell and harry reid to try to get some understanding of what the white house is willing to do here. republicans say what they want to hear is what budget cuts, what spending cuts is the white house, the president, are democrats willing to make. in other words, as boehner put it, if we're going to put new revenue on the table, something we didn't want to do, we want to see some details on spending cuts. so those one-on-one meetings with the leadership going on here today, and that's really the latest in what's been a long string of developments leading toward trying to avoid the fiscal cliff at the end of the year. >> we will see what happens. thank you very much, tracie. >>> 5:43. new this morning, a mountain climber is oregon is safe after an overnight rescue operation. the climber was on his way down after summiting mt. hood when he was stranded in a snowstorm yesterday afternoon. he was able to call search and rescue on his cell phone. he wasn't hurt but certainly was cold and wet. rescuers were able
legislative chair coming here to capitol hill to work with pelosi, john boehner, mitch mcconnell and harry reid to try to get some understanding of what the white house is willing to do here. republicans say what they want to hear is what budget cuts, what spending cuts is the white house, the president, are democrats willing to make. in other words, as boehner put it, if we're going to put new revenue on the table, something we didn't want to do, we want to see some details on spending cuts....
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Nov 22, 2012
11/12
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we had harry reid come out and basically say he wasn't open to reforming especially social security. so there's a big question mark about how they're going to move forward. remember, these are sort of their opening bids. presumably there is room for some sort of movement on either side. in terms of getting a deal done by the first of the year, i think there's a lot of pressure on both sides to try to get something done here. you remember the debt ceiling debate. after that sort of knockdown dragout fight, congress had its lowest approval ratings in history. they know they need to get something done. remember, if they don't get something done before the first of the year, it could have serious consequences on the economy. >> i want to ask you both to weigh in on this question. kristen, you do the political angle and neil you give me the nuts and bolts. yesterday john boehner wrote an op-ed calling for the health care law to be part of the negotiations, he wrote in part the president's health care law at the massive, expensive, unworkable program when the national debt exceeds the size
we had harry reid come out and basically say he wasn't open to reforming especially social security. so there's a big question mark about how they're going to move forward. remember, these are sort of their opening bids. presumably there is room for some sort of movement on either side. in terms of getting a deal done by the first of the year, i think there's a lot of pressure on both sides to try to get something done here. you remember the debt ceiling debate. after that sort of knockdown...